Nov 28, 2012 8:00pm PST
job. i think he ran the campaign on a very narrow basis, by deflecting everything back to the economy. that's what he did in the primary and that's what he said he was going to do from the beginning. he just executed a plan that didn't work. the very people criticizing him were the people supporting him saying he was going to win. >> we just talked to senator john cornyn, he said he's pessimistic that they will get a deal. but tom cole urged republicans to take the obama deal right now. here is the clip quickly. >> my view, we all agree that we're not going to raise taxes on people that make less than $250,000, we should take them out of this discussion right now, and continue to fight against any rate increases and continue to work honestly for a better deal. >> that's what the president wants, extend them for everyone under $250,000. i'm curious what you think. do you think that someone like cornyn, someone like boehner is the right leader for the party, or someone more like what cole is saying? >> there is a strategy to putting together a deal and that goes for, in washington, d.c.
Nov 20, 2012 4:00pm PST
in financial markets with adverse effects on the economy. continuing to push off difficult policy choices will only prolong and intensify these uncertainties. >> he went on to say, if we do get a plan that solves the government budget issues without hurting the economic recovery, next year could be a good one. that is so many if it. >>> the investigation of the shooting at the sikh temple is concluded. the shooter, michael page, acted alone and did not happen. he had been linked to white supremacist groups, but the fbi found no evidence to conclude he had help or was acting under any directive from them. they also said the attack was not part of any ongoing threat to the sikh community. >>> defense secretary leon panetta talked about how the american fight against al qaeda is changing. he said that, yes, the united states has had a lot of success, but al qaeda has been adapting and trying to find new safe havens and to combat this, panetta says new campaigns will take place outside declared comb combat zones using a small footprint approach. he went on to say america will partner
Nov 21, 2012 4:00pm PST
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Nov 26, 2012 11:00pm PST
restraint will send the wrong signal and may serve as taping point for our economy. so you're fear is that interest rates could surge. to be father, we've had this disastrous situation for years and interest rates have kept falling in spite of all worries that there would be a disaster. >> that's right. that's one of the things that distinguishes the fiscal cliff, which we're coming up against right now. from what i described yesterday says the fiscal avalanche. we can see when the fiscal cliff is about to hit. the avalanche occurs when people stop buying u.s. treasury instruments and we have to start raising the interest rate. eventually, we get to the point where we can't afford anything and that's what i'm concerned about. >> so, let me talk about the solution here because we talked back in may about this. we're finally here at the deadline, right. you talked at the time about wanting a simpler tax system and were open to some people paying more and you said some in the republican tea party would be okay with that. here's you on this program back in may. >> i'd make it a point n
Nov 21, 2012 8:00pm PST
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Nov 27, 2012 8:00pm PST
look pretty darn good compared to the faltering economy in europe, the slowdown in china. you know, this could actually be the biggest job generator of anything that's been talked about recently. >> one thing i'm confused by and maybe concerned by also, though, is something that you know well. that the outlines of a deal are pretty clear. there are different options, there are choices, there are tweaks around the edge, but the outlines of the deal are there. and two weeks ago, everyone was saying, erskine bowles, says they're going to get it done. we're hearing people like harry reid say really not so fast. should we be worried? i mean, if you guys know what the parameters are and can't get it done that you're not going to get to the finish line again? >> well, i sure hope not. it would be extraordinarily bad for every american family, bad for american business. and unlike the challenges we faced in 2008 when we had that downturn and the fed and others used, you know, basically unprecedented tools, we don't have a lot of bullets left in the proverbial gun at this point. >> i want t
Nov 23, 2012 4:00pm PST
, that don't provide a will the of benefit to the economy. when tackling the fiscal cliff, we should ask ourselves, which are the most ineffective things. >> keep thinking, guys, that down the line here, the chorus over and over is going to be we all pay more and all get less. thanks for being here. we appreciate it. >>> thousands of people paid a lot to do cramming into stores everywhere. you might even be watching this on a new tv, but retailers needed more than hype. they needed red hot cash registers on this black friday. we'll tell you how sales added up today because a lot of jobs are counting on it. in just a few weeks after mitt romney's defeat, the gop is already looking forward to 2016. say it ain't so and there's another bush on the horizon. plus, we're following news of a massive gas explosion in massachusetts. take a look. we'll have details just ahead. 1, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone le